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  • *Companies already in Ireland to be given time to adjust. DUBLIN, Oct 10- Ireland is set to announce legal changes next week to phase out the "Double Irish" tax arrangement that has let firms such as Google save billions of dollars, two sources familiar with the matter said. Ireland has come under sustained attack from Europe and the United States over the past 18...

  • BERLIN, Oct 10- Airbus took a step on Friday towards opening a second plant in China by signing a letter of intent with Chinese authorities to set up a cabin completion centre for its wide-body A330 jets. "We believe there is a big market for A330s, especially for domestic use in China because of airport congestion," Fabrice Bregier, chief executive of the main...

  • WASHINGTON, Oct 10- The European Union should not give France extra time to bring its budget deficit under the EU ceiling, given the country has not undertaken needed reforms during the two-year buffer it was previously given, Jeroen Dijsselbloem, the chairman of euro zone finance ministers, said on Friday. France was to reduce its budget shortfall below the EU...

  • US STOCKS-Coca-Cola stays bubbly amid market rout Friday, 10 Oct 2014 | 12:08 PM ET

    NEW YORK, Oct 10- U.S. stocks were mostly lower on Friday, but consumer staples rose amid the market uncertainty, with beverage giant Coca-Cola Co again lifting the sector. "Investors are seeking to get more defensive, and that means buying high-quality names like Coca-Cola," said David Carter, chief investment officer at Lenox Wealth Advisors in New York.

  • *$100 bln of assets have left sector since 2012. LONDON, Oct 10- In a telling sign that commodities may struggle for several years to attract investment flows, a clutch of professionals who make their living from the asset class slammed its prospects at a recent conference. "The marginal benefit of commodities today is less than the costs of obtaining and...

  • WASHINGTON, Oct 10- The Bank of Canada intends generally to abandon guidance on the direction of interest rates because doing so will lead to less volatility in normal times and less market parsing of the central bank's statements, Governor Stephen Poloz told Reuters. Poloz was speaking in conjunction with the release on Friday of a paper on integrating...

  • *US CRUDE OIL FUTURES PARE LOSSES, TURN POSITIVE Friday, 10 Oct 2014 | 11:59 AM ET
  • Secretary of State John Kerry told him on Oct. 8 that the world's second biggest greenhouse gas emitter behind China may announce a major injection of money into the Green Climate Fund created by the United Nations. "He says that the U.S. is considering seriously to make a significant announcement even before the Lima conference, probably next month," Gutierrez...

  • ORLANDO/ LOS ANGELES, Oct 10- Darden Restaurants Inc lost its standoff with activist shareholder Starboard Value LP at its annual meeting on Friday, when stakeholders tossed out the Olive Garden parent's entire board in a rare victory for dissident investors. It also is a stinging defeat for Darden, which earlier this year alienated many investors by brushing...

  • France considers tightening controls on job-seekers Friday, 10 Oct 2014 | 11:46 AM ET

    PARIS, Oct 10- The French government is looking to impose tighter checks on the unemployed to ensure they are seeking work, an attempt to limit spending on benefits and cut joblessness that has split ruling Socialists and infuriated trade unions. Socialist Prime Minister Manuel Valls set off the outcry this week by suggesting more needed to be done to encourage...

  • *Top exporter Saudi Arabia raised Sept output- OPEC. Oil output has also risen in OPEC members Iraq and Libya, despite violence and instability in both countries, the group said in its monthly oil market report on Friday. Total OPEC output grew by 400,000 bpd to 30.47 million bpd.

  • *VW 9- month group sales in China up 15 pct to 2.72 mln cars. European and U.S. carmakers are keen to raise their presence in China, but have been confined to owning 50 percent or less of joint venture companies run together with Chinese enterprises. VW, one of the first global automakers to establish production facilities in China during the 1980 s, has the biggest...

  • SKOPJE, Oct 10- Doctors in Macedonia have "serious indications" that alcohol, not Ebola, may have killed a British man visiting the Balkan country, a senior health official said on Friday. The Ebola virus, which has killed nearly 4,000 people in West Africa since March, causes haemorrhagic fever. The Skopje hotel where the Briton was staying remained in lockdown on...

  • *VW 9- month group sales in China up 15 pct to 2.72 mln cars. European and U.S. carmakers are keen to raise their presence in China, but have been confined to owning 50 percent or less of joint venture companies run together with Chinese enterprises. VW, one of the first global automakers to establish production facilities in China during the 1980 s, has the biggest...

  • WASHINGTON, Oct 10- Of all the key government players involved in saving the U.S. economy from collapse back in the autumn of 2008, Edward Quince has hardly earned a mention. The Wall Street Journal, which earlier on Friday reported Bernanke's alias, said the Fed's general counsel testified that the former Fed chairman used the name during the financial crisis to...

  • NEW YORK, Oct 10- An index of global equities fell to a seven-month low and oil hit a two-year low on Friday, continuing a string of weakness built on worries about weak worldwide economic growth. Assets tied to expectations for improved growth have been hit by a recent raft of weak indicators from Europe at a time when other big economies, including China, Japan and...

  • UNITED NATIONS, Oct 10- The United Nations said on Friday that its appeal for $1 billion to respond to the West Africa Ebola outbreak was only 25 percent funded and a surge in trained healthcare personnel was also needed to help tackle the crisis.

  • NEW YORK, Oct 10- The Nasdaq dropped more than 1 percent on Friday, continuing a recent bout of weakness as the tech-heavy index was pressured by weakness in semiconductor stocks. "In a vacuum of policy response" to the weakness in Europe, "investors are selling first and asking questions later," said Jim McDonald, chief investment strategist at Chicago- based...

  • UNITED NATIONS $1 BILLION APPEAL TO RESPOND TO EBOLA OUTBREAK IS ONLY 25 PERCENT FUNDED- DEPUTY U.N.

  • WASHINGTON, Oct 10- The chairman of euro zone finance ministers proposed on Friday a new growth deal for Europe which would reward governments reforming their economies with cheap European funds for investment and leeway on budget consolidation targets. The proposal comes at a time as Europe is on the brink of another recession and is desperate to boost...